Is Three Rivers, MI 49093 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Three Rivers is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score41/ 100

More competitive than 40% of U.S. ZIP codes, and #412 of 510 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list16.4%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$157▲ +6.0% vs. last year

The Three Rivers housing market right now

In the three months ending August 31, 2026, 16% of homes in Three Rivers, MI 49093 sold above their list price, the typical home went under contract in 18 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 69 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold faster (29 days then) and the median sale price rose 21% to $289,775. Overall, Three Rivers is about as competitive as it was a year ago.

Within St. Joseph County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Three Rivers ranks #412 of 510 MI ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Mendon 49072 (0% sold over asking) or Centreville 49032 (0% sold over asking), while Constantine 49042 (33% sold over asking) and Sturgis 49091 (22% sold over asking) are even more competitive.

Nearby markets

Burr Oak 49030Seller’s market $118 /sq ftCentreville 49032Seller’s market $151 /sq ftColon 49040Seller’s market $176 /sq ftConstantine 49042Seller’s market $147 /sq ft Browse all markets →

Where Three Rivers is

Loading map…

Questions about Three Rivers real estate

Is Three Rivers a buyer’s or seller’s market?

A balanced market: there were 4 months of supply in Three Rivers, MI 49093 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Three Rivers?

The typical home went under contract in 18 days in the latest three months.

Do homes in Three Rivers sell over asking?

16% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Three Rivers?

About 1.10% of a home’s value a year in St. Joseph County, or roughly $4,400 on a $400,000 home.

What is the median home price in Three Rivers?

The median sale price was $289,775 in the three months ending August 31, 2026, about $157 per square foot.

No sponsored agents in 49093 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 49093

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology